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Bloomberg

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As temp soars in India, officials dispute claims of 100 heat-related deaths

The people most at risk from heat waves are the poor, the old and very young, and those in isolated rural areas

As temp soars in India, officials dispute claims of 100 heat-related deaths
Updated On : 22 Jun 2023 | 8:57 AM IST

Why the US should reach out to India's Opposition, not just PM Modi

Biden repeatedly insists the US stands for democracy against autocracy. If this is not just some expedient rhetoric, policy makers must bring moral principle in line with policy

Why the US should reach out to India's Opposition, not just PM Modi
Updated On : 22 Jun 2023 | 7:51 AM IST

After 'crying for days', Son to shift to offence mode in AI investments

The billionaire is ending years of dormancy after his Vision Fund

After 'crying for days', Son to shift to offence mode in AI investments
Updated On : 21 Jun 2023 | 11:32 PM IST

China starts fresh round of nationwide inspections to reveal govt debt

Local officials will be pressed to come clean about their so-called hidden debt as national leaders attempt to get a fuller picture of liabilities across all levels of government

China starts fresh round of nationwide inspections to reveal govt debt
Updated On : 21 Jun 2023 | 11:24 PM IST

Britain's debt exceeds 100% of GDP for the first time in 62 years

Inflation stays higher than expected, raising pressure for higher rates

Britain's debt exceeds 100% of GDP for the first time in 62 years
Updated On : 21 Jun 2023 | 11:09 PM IST

Bitcoin hits six-week high as financial titans step up crypto initiatives

The largest digital asset rose as much as 6.1% and traded at $29,789 as of 11:26 am in New York on Wednesday, lifting the token's rebound this year to almost 80%. Smaller coins such as Ether, Cardano

Bitcoin hits six-week high as financial titans step up crypto initiatives
Updated On : 21 Jun 2023 | 9:59 PM IST

Apple illegally interrogated staff about union, rules US labour board judge

The judge wrote that Apple should be required to "cease and desist" from coercively interrogating workers about their legally protected labor activism

Apple illegally interrogated staff about union, rules US labour board judge
Updated On : 21 Jun 2023 | 9:50 PM IST

Gambia tightens drug import rules for India after mass deaths from July 1

A report by a team of international experts blamed tainted medicine from India for an outbreak of kidney failure that killed more than 60 Gambian children last year

Gambia tightens drug import rules for India after mass deaths from July 1
Updated On : 21 Jun 2023 | 9:16 PM IST

Apple Inc's Taiwan suppliers see sales falter again over slow demand

Before announcing its long-awaited Vision Pro headset alongside upgraded Macs this month, Apple weathered a tough first quarter where sales of its hardware either slumped or stagnated

Apple Inc's Taiwan suppliers see sales falter again over slow demand
Updated On : 21 Jun 2023 | 12:34 PM IST

India's economic activity is humming along even with still-high rates

The needle on a dial measuring the so-called Animal Spirits stayed at six for a second month even as some indicators such as exports and tax collections showed signs of weakness

India's economic activity is humming along even with still-high rates
Updated On : 21 Jun 2023 | 10:09 AM IST

Paytm leads $6 billion stock rally as Indian startups seek redemption

Shares of Paytm parent One 97 Communications Ltd. have surged 69%, adding more than $2.7 billion in market value, after it improved its profitability ahead of schedule

Paytm leads $6 billion stock rally as Indian startups seek redemption
Updated On : 21 Jun 2023 | 9:15 AM IST

Apple illegally interrogated staff about union, labour board judge rules

In a Tuesday decision, a National Labor Relations Board judge wrote that Apple violated the rights of employees at its World Trade Center store in New York City

Apple illegally interrogated staff about union, labour board judge rules
Updated On : 21 Jun 2023 | 9:07 AM IST

Microsoft, Activision CEOs to defend $69 billion deal in fight with FTC

Other top Microsoft executives, including Chief Financial Officer Amy Hood and Phil Spencer, who heads Microsoft Gaming, are expected to take the witness stand

Microsoft, Activision CEOs to defend $69 billion deal in fight with FTC
Updated On : 21 Jun 2023 | 8:57 AM IST

JPMorgan Chase cuts nearly 20 Asia dealmaking jobs in new layoff round

The moves add to a February round of cuts that affected about 30 investment bankers in Asia, and followed similar moves by Goldman Sachs Group Inc. and Citigroup Inc. last week

JPMorgan Chase cuts nearly 20 Asia dealmaking jobs in new layoff round
Updated On : 21 Jun 2023 | 8:41 AM IST

US and India need to deal with their trust issues, not just interests

In practice, however, values do matter. Having a shared set of organising principles allows governments to trust one another - and thus to make deals that last

US and India need to deal with their trust issues, not just interests
Updated On : 21 Jun 2023 | 7:52 AM IST

Twitter employees sue company, claiming it refuses to pay 2022 bonuses

Twitter refused to pay employees who remained employed by the company in the first quarter of 2023 any bonus, the employees said

Twitter employees sue company, claiming it refuses to pay 2022 bonuses
Updated On : 21 Jun 2023 | 7:43 AM IST

Up almost 32% since listing, Mankind Pharma draws rush of 'buys'

The company's stock has surged more than 60 per cent since listing, driving its market value to about $8.5 billion

Up almost 32% since listing, Mankind Pharma draws rush of 'buys'
Updated On : 20 Jun 2023 | 11:35 PM IST

Global chip race touches off spending spree, led by Intel's $50 bn campaign

Combined, the US, the European Union, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing Co. and Micron Technology Inc

Global chip race touches off spending spree, led by Intel's $50 bn campaign
Updated On : 20 Jun 2023 | 11:26 PM IST

Elon Musk meeting on PM Modi's US agenda as India seeks Tesla factory

The meeting, which will potentially include more than 20 other high-profile individuals, is expected to take place early evening in New York, the person said

Elon Musk meeting on PM Modi's US agenda as India seeks Tesla factory
Updated On : 20 Jun 2023 | 11:21 PM IST

Amazon to overtake Walmart in beauty by 2025, says Morgan Stanley

Morgan Stanley projects that Amazon will become the biggest player in beauty

Amazon to overtake Walmart in beauty by 2025, says Morgan Stanley
Updated On : 20 Jun 2023 | 11:27 PM IST